Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Revenues $ 4,941 $ 0 $ 7,110 $ 0
Cost of revenues 2,580 0 3,651 0
Gross profit 2,361 0 3,459 0
Operating expenses:        
Selling, general and administrative expenses 3,582 764 9,402 2,923
Operating loss (1,221) (764) (5,943) (2,923)
Other income (expense):        
Interest income, net 253 758 5 1,598
Unrealized loss on marketable securities (688) (267) (1,058) (514)
Unrealized (loss) gain on exchange transactions (30) 0 431 0
Realized gain on exchange transactions 391 0 631 0
Other (loss) income, net (44) 6 114 745
Total other (loss) income, net (118) 497 123 1,829
Loss from continuing operations before provision for income taxes (1,339) (267) (5,820) (1,094)
Income tax benefit (517) (25) (3,443) (269)
Net loss from continuing operations (822) (242) (2,377) (825)
Gain from discontinued operations 0 0 0 13,976
Income tax provision (benefit) for discontinued operations 0 (28) 0 3,158
Net income from discontinued operations 0 28 0 10,818
Net (loss) income $ (822) $ (214) $ (2,377) $ 9,993
Net income (loss) per share:        
Net income (loss) per share from continuing operations, basic (in usd per share) $ (0.06) $ (0.06) $ (0.24) $ (0.22)
Net income (loss) per share from continuing operations, diluted (in usd per share) (0.06) (0.06) (0.24) (0.22)
Net income per share from discontinued operations, basic (in usd per share) 0 0.01 0 2.93
Net income per share from discontinued operations, diluted (in usd per share) 0 0.01 0 2.93
Net income per shares, basic (in usd per share) (0.06) (0.05) (0.24) 2.71
Net income per share, diluted (in usd per share) $ (0.06) $ (0.05) $ (0.24) $ 2.71
Weighted average common shares outstanding:        
Basic (in shares) 12,805,718 4,198,940 10,030,608 3,687,986
Diluted (in shares) 12,805,718 4,198,940 10,030,608 3,687,986